The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away… That said – while we’ll be keeping a close eye on ND’s performance – it won’t be included in the MT Tracker data […]
Norbert Dentressangle’s logistics business saw a 4% increase in turnover during the first half of this year, with growth in the division likely to continue in the second half.
A new logistics and supply chain training and research facility is coming to the Magna Park development in Lutterworth, Leicestershire.
Wincanton will be back in the black this financial year as the group’s extensive restructuring and disposals programme bears fruit. Wincanton chief executive Eric Born tells MT: “When [we] started this programme we said it would take two years to arrest the decline. We are bang on track. It’s absolutely what I’m expecting.” A year of restructuring and disposals saw it sell its European operations to focus on the UK and Ireland, dispose of its 20% shareholding in Culina Logistics […]